LACO MACHINERY
ActiveLACO MACHINERY has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.01M and a net result of €2.41M. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 311 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1M at 30 days acceptable
Liquidity ample (current ratio 6.81 against 6.41 in 2024; short-term debt: 11.5% and cash: 5.3% of total assets), and 13.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.4%
Return on assets
17.3%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-03-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
27 d early
2023
56 d early
2022
54 d early
2021
47 d early
2020
38 d early
2019
69 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€11.95M
EBIT margin
26.5%
Net result
€2.41M▲ 20.0%
2024 · €2.00M
2018: €1.52M
2019: €1.74M
2020: €978k
2021: €814k
2022: €1.57M
2023: €2.43M
2024: €2.00M
2018 → 2025
Working capital
€9.30M▲ 21.5%
2024 · €7.66M
2018: €3.39M
2019: €3.23M
2020: €3.93M
2021: €4.62M
2022: €5.41M
2023: €7.22M
2024: €7.66M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€11.95M
Equity€7.06M-€7.76M▲ 10.0%€9.67M▲ 24.6%€10.86M▲ 12.2%€12.01M▲ 10.6%
Operating result€1.16M-€2.28M▲ 95.4%€3.64M▲ 60.0%€2.83M▼ 22.4%€3.16M▲ 12.0%
Net result€814k-€1.57M▲ 92.7%€2.43M▲ 55.0%€2.00M▼ 17.5%€2.41M▲ 20.0%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.90M
Fixed assets
€2.99M▼ 8.2%
Current assets
€10.91M▲ 20.2%
Equity and liabilities €13.90M
Equity
€12.01M▲ 10.6%
Provisions
€47k▼ 12.1%
Debt
€1.84M▲ 30.0%
The debt ratio rises from 11.5% to 13.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3.44M▲
2024 · €3.11M
Cash flow
€2.68M▲
2024 · €2.29M
Solvency
86.4%▼
2024 · 88.1%
Current ratio
6.81▲
2024 · 6.41
Quick ratio
4.11▲
2024 · 3.16
Debt / equity
0.15▲
2024 · 0.13
ROE
20.0%▲
2024 · 18.5%
ROA
17.3%▲
2024 · 16.3%
Interest coverage
32.40▲
2024 · 32.33
Debt
€1.84M▲
2024 · €1.42M
Debt ≤ 1 year
€1.60M▲
2024 · €1.41M
Income taxes
€760k▼
2024 · €834k
Staff costs
€1.56M▲
2024 · €1.34M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€12.33M€13.90M▲
Fixed assets21/28€3.26M€2.99M▼
Intangible fixed assets21€5k€4k▼
Tangible fixed assets22/27€3.25M€2.99M▼
Land and buildings22€2.93M€2.77M▼
Plant, machinery and equipment23€51k€49k▼
Furniture and vehicles24€271k€170k▼
Financial fixed assets28€5k€3k▼
Other financial fixed assets284/8-€3k
Amounts receivable and cash guarantees285/8-€3k
Current assets29/58€9.07M€10.91M▲
Stocks and contracts in progress3€4.60M€4.32M▼
Stocks30/36€3.77M€3.49M▼
Raw materials and consumables30/31-€3.49M
Contracts in progress37€824k€830k▲
Amounts receivable within one year40/41€928k€1.09M▲
Trade receivables40€579k€815k▲
Other amounts receivable41€349k€275k▼
Current investments50/53€2.95M€4.70M▲
Other investments51/53-€4.70M
Cash at bank and in hand54/58€495k€732k▲
Deferred charges and accrued income490/1€99k€65k▼
Equity and liabilities
Total equity and liabilities10/49€12.33M€13.90M▲
Equity10/15€10.86M€12.01M▲
Contributions10/11€90k€90k=
Capital10€90k€90k=
Issued capital100€90k€90k=
Reserves13€10.77M€11.92M▲
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Tax-exempt reserves132€2.37M€2.56M▲
Distributable reserves133€8.40M€9.35M▲
Profit (loss) carried forward14€0-
Provisions and deferred taxes16€54k€47k▼
Deferred taxes168€54k€47k▼
Amounts payable17/49€1.42M€1.84M▲
Amounts payable within one year42/48€1.41M€1.60M▲
Trade debts44€645k€570k▼
Suppliers440/4€645k€570k▼
Advances received on contracts in progress46€564k€826k▲
Taxes, remuneration and social security45€200k€201k▲
Taxes450/3€30k€11k▼
Remuneration and social security454/9€170k€190k▲
Other amounts payable47/48€5k€5k=
Accrued charges and deferred income492/3€2k€238k▲
Income statement
Code20242025
Operating income70/76A-€12.05M
Turnover70-€11.95M
Change in stocks of work in progress, finished goods and contracts in progress71-€6k
Other operating income74-€91k
Operating charges60/66A-€8.88M
Goods for resale, raw materials and consumables60-€5.12M
Purchases600/8-€4.84M
Change in stocks: decrease (increase)609-€285k
Services and other goods61-€1.89M
Remuneration, social security and pensions62€1.34M€1.56M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€286k€273k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-25k€0▲
Other operating charges640/8€126k€30k▼
Non-recurring operating charges66A€47k€3k▼
Gross operating margin9900€4.60M-
Operating profit (loss)9901€2.83M€3.16M▲
Financial income75/76B€92k€101k▲
Recurring financial income75€92k€101k▲
Income from current assets751-€90k
Other financial income752/9-€11k
Financial charges65/66B€96k€106k▲
Recurring financial charges65€96k€106k▲
Other financial charges652/9-€106k
Profit (loss) for the period before taxes9903€2.82M€3.16M▲
Transfer from deferred taxes780€16k€7k▼
Income taxes67/77€834k€760k▼
Taxes670/3-€760k
Tax adjustments and reversals of tax provisions77-€0
Profit (loss) for the period9904€2.00M€2.41M▲
Transfer from tax-exempt reserves789€444k€119k▼
Transfer to tax-exempt reserves689€842k€316k▼
Profit (loss) for the period to be appropriated9905€1.61M€2.21M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.61M€2.21M▲
Transfer from equity791/2€820k€1.25M▲
From reserves792-€1.25M
Transfer to equity691/2€1.61M€2.21M▲
To other reserves6921€1.61M€2.21M▲
Profit to be distributed694/7€820k€1.25M▲
Return on contributions (dividend)694€820k€1.25M▲
Social balance
Average headcount (FTE)908718.621.5▲
The notes to these accounts (48 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €10MEq €10.86M ▲12.2%
7 profitable years in a row build equity to €10.86M.
05-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €2.43M ▲55%
Operating result €3.64M, net result €2.43M, both a record.
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €814k ▼16.8%
Net result drops to €814k, the lowest in the series; recovery starts the following year.
23-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
21-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kuurne · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Industrielaan 228520 KuurneGround area
4,884 m²
Building footprint
3,157 m²
Volume, LiDAR
80 m³
Parcel 34023A0400/00M000, Flanders · tallest building 9.9 m. Linked by address, not a title deed.
1 establishment unit
Industrielaan 22, 8520 Kuurne
since 19942.065.553.929
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023A0400/00M000 | Flanders | 4,884 m² | 1 · 3,157 m² | 9.8 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 31,468 EUR awarded · 26,323 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 10,145 EUR | 5,000 EUR |
| 2024 | 1 | 7,192 EUR | 7,192 EUR |
| 2023 | 1 | 7,482 EUR | 7,482 EUR |
| 2022 | 2 | 6,649 EUR | 6,649 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies voor internationaal ondernemen
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Of 210 companies in sector 28299 we hold annual accounts for 154. 48 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-01-1994
Fiscal year end30-09
Activities, NACEBEL
28299Manufacture of machinery and equipment not elsewhere classified
28940Manufacture of machinery and equipment not elsewhere classified
29430
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.